lenderpanel

Find a Chigwell Conveyancing Solictior on Your Lender’s Panel

Ready to buy a new home in Chigwell? Failing to check that a lawyer is on your lender’s list of approved solicitors can put your Chigwell conveyancing at risk of delay or failure.

Only LenderPanel.com provides a subset of authorised Chigwell conveyancers for over 130 lenders.


Recently asked questions about conveyancing in Chigwell

Me and my fiancee are acquiring our first home. Our property lawyer has e-mailedto see if we want to order supplemental conveyancing searches. We are really unsure what's recommended for conveyancing in Chigwell

The extent of Chigwell conveyancing searches depends entirely on the property, the location, the likelihood of any of these risks, your familiarity of the area and risks, your overall appetite to risk. What is important is that you properly understand what information each search could provide. You may then decide if you consider that you need that search. Where you are uncertain, ask the conveyancing practitioner to advise.

We note that you have a post code search directory listing firms on the TSB conveyancing panel. Do firms pay you a commission if I retain them for our own conveyancing in Chigwell?

We are a listing service only for law firms wishing to communicate if they are on the TSB conveyancing panel or other lender panels. We do not charge referral fees to any conveyancer that you subsequently appoint for your conveyancing in Chigwell.

I'm buying my first flat in Chigwell benefiting from help to buy. The builders refused to budge the price so I negotiated 6k of fixtures and fittings instead. The house builders rep advised me not reveal to my solicitor about this extras as it may impact my mortgage with the bank. Is this normal?.

All lenders require a Disclosure of Incentives Form from the builder of any new build, converted or renovated property, It is available online from the Lenders’ Handbook page on the CML website. CML form is completed and handed to the lender's surveyor when the inspection is done.

Lenders have different policies on incentives. Some accept none at all, cash or physical, while others will accept cash incentives up to 5%.

Hard to understand why the representative of a builder would be suggesting you withold information from a solicitor when all this will be clearly visible on forms the builder has to supply to its solicitor, the buyer's solicitor and the surveyor.

Hoping to buy a property located in Chigwell and I am already nervous. I couldn't find anything specific about Chigwell. Conveyancing will be needed in due course but do you know about the Chigwell area? or perhaps some other tips you can share?

Rather than looking online forget looking online you should go and have a look at Chigwell. In the meantime here are some basic statistics that we found

I am the leaseholder of a second floor flat in Chigwell. In the absence of agreement between myself and the landlord, can the Leasehold valuation Tribunal determine the amount payable for the purchase of the freehold?

Absolutely. We can put you in touch with a Chigwell conveyancing firm who can help.

An example of a Freehold Enfranchisement matter before the tribunal for a Chigwell premises is 201 & 201a St. Barnabas Road in October 2013. The Tribunal decided that the price to be paid by the Applicants for the freehold interest is £20,071. This case was in relation to 2 flats. The number of years remaining on the existing lease(s) was 69.26 years.

Are there frequently found problems that you encounter in leases for Chigwell properties?

There is nothing unique about leasehold conveyancing in Chigwell. Most leases are individual and drafting errors can result in certain clauses are not included. For example, if your lease is missing any of the following, it could be defective:

    Maintenance charge proportions which don’t add up to the correct percentage

A defective lease can cause issues when trying to sell a property primarily because it impacts on the ability to obtain a mortgage on the property. HSBC Bank, Bank of Scotland, and Bank of Ireland all have very detailed requirements when it comes to what is expected in a lease. If a mortgage lender believes that the lease is problematic they may refuse to grant the mortgage, obliging the purchaser to pull out.

Last updated

Neighbouring Locations

Loughton
Chigwell
Hainault

Find out more about how flying freehold can affect your the value of a property.